260 Crandon Blvd, #C40, Key Biscayne, FL, 33149
1981
PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $76,441 - 5.58% Cap - 4% Annual Increases - Unit in main plaza of Shopping Center. Rented to Narbona, a highly successful restaurant/market with other locations in the city. Shopping center located in an affluent Zip Code with a captive client base. Tenant occupies 4 units in the plaza and has recently expanded into this unit. Lease has 5 years remaining with another 5 year renewal option. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.
Status:
Active
Type:
Commercial
Zoning:
6100
Est. Taxes:
$12,773
MLS #:
A11550603
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Great Properties International LLC Phone: 305-365-0711